EXERCISE 4: Consider Fatema, who would like to save 10% of her net salary per month toward the purchase of a Car. Fatema's income and spending in the past month are shown below. Use this information to answer the questions that follow. Fatema's Income and Spending Income OMR Spending Net (after tax) Salary 2000 Rent/Utilities 10% Interest Earned 50 Food 15% Stock Dividends 100 Clothing 10% Transportation 10% Loan Payments 20% Entertainment 10% Insurance 10% Other 5% a) How much was Fatema's total income & Spending? b) How much amount does Fatema like to save per month? c) Which types of spending could Fatema adjust in the short run? Which types could she not adjust? d) What would you recommend Fatema do to reach her savings goal